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Anybody can list what they do by reading off a series of bullets that represent capabilities. But what’s behind the what? It’s the How that makes the difference. Take a look at How Corporate Synergies does it.

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Natural disasters, cyber attacks and human error place businesses in the crosshairs every day. Corporate Synergies provides one-stop insurance and risk mitigation consulting across a variety of industries.

IRS Updates ACA Pay or Play Web Page for 2017 | June 22, 2017

While many employers were probably hoping that the IRS was going to back down from enforcement of the ACA’s Employer Shared Responsibility provisions (commonly known as: Employer Mandate or Pay or Play provisions), it doesn’t look like that’s going to be the case. Dan Kuperstein explains the 2017 updates to the IRS’s Pay or Play web page.

While many employers were probably hoping that the IRS’ new leadership was going to back down from enforcement of the ACA’s Employer Shared Responsibility provisions (commonly referred to as the Employer Mandate or Pay or Play provisions), it doesn’t look like that’s going to be the case.
The IRS recently updated its website to include the new 2017 Pay or Play penalty assessment amounts, strongly suggesting that they plan on continued enforcement of the Employer Mandate.

Those penalties are:

For an applicable large employer (or ALE) that does not offer minimum essential coverage to at least 95% of its full-time employees (and their dependents), it will be liable for the first type of employer shared responsibility payment (commonly referred to as the large penalty). On an annual basis, this payment is equal to $2,260 for each full-time employee, with the first 30 employees excluded from the calculation.

For an ALE that does offer minimum essential coverage to at least 95% of its full-time employees (and their dependents), it will be liable for the second type of employer shared responsibility payment (commonly referred to as the “small penalty” or the “b penalty”). On an annual basis, this payment is equal to $3,390, but multiplied for each full-time employee who receives the premium tax credit.

For more information on this and other ACA topics, visit our Knowledge Center at corpsyn.com. Thank you.

Dan Kuperstein, Senior Vice President of Compliance, is an attorney with experience in a broad array of sophisticated employee benefits and labor and employment matters, including ERISA, the Affordable Care Act, COBRA, HIPAA and GINA compliance. His experience includes representation of both public and private companies and health and pension plans. Dan is a respected thought leader on Healthcare Reform and has published articles on the Affordable Care Act and other laws and regulations.

Did you know there is an alternative to paying State Unemployment Taxes that saves non-profits thousands? Think of it as a $50,000 donor walking through your door! Hear from 3 unemployment insurance experts.

The last few months have provided a whirlwind of activity around the ACA. Even though the ACA replacement bill failed to go to vote in the House, discussions & debates continue. For now, the ACA remains law, yet it is evolving. Some parts of the ACA will likely be transformed while other parts will likely die.

What will it mean for you? ERISA attorney and Healthcare Reform expert Dan Kuperstein will provide the legal interpretation and street-level guidance you need, including:

What went wrong with the repeal and replace initiative

The leading replacement plan – the AHCA

Compliance with the surviving ACA in 2017, its evolution and challenges

Why medical carriers are adding telemedicine to most fully-insured contracts

How telemedicine impacts claims for self-funded plans and how employees can benefit too

How education drives employee participation and understanding of what telemedicine can and cannot do

FMLA Law, Paid Leave & Upcoming Changes for NY Employers

Unum will present and discuss:

Family and Medical Leave Act (FMLA), including legal considerations for employers & risk of non-compliance

Administrative options & employer challenges with FMLA programs, as well as the link between FMLA and Short-term Disability programs

Potential ROI for administering & managing FMLA with Short-term Disability in a single administrative platform

The value of developing a more structured FMLA administration program

Upcoming 2018 New York Paid Family Leave Law

Lower Healthcare Costs up to 30% with Reference-based Pricing

Historically we’ve asked providers how much they need to perform a service, procedure or treat a medical condition, then we would negotiate a lower rate by promising more patients. But has that approach promoted less personalized service and a need for physicians to increase service volume? Did we trade quality for quantity? In this session, you will:

Understand the current billing system, negotiated discounts and allowed charges

Learn reference (or “metric-based”) pricing by calculating costs from a measurable price, rather than starting with a fictitious cost of service pricing system

Appreciate pitfalls and challenges in referenced-based pricing

Hear how conversations about fair pay to providers is taking place at every level, from government to individual providers

FMLA continues to be a top concern for HR, while the ADA has been called an “inadvertent leave act.” In this session, leave management expert Mike Garfield walks through complexities of both FMLA and ADA, trends in absences, and solutions for employers wishing to reduce impact to their organization. Attendees will learn:

Top trends in absences related to FMLA and ADA

Key questions to ask when considering outsourcing leave management

How to integrate other support programs to speed employee return to work

SUI Tax Relief for Nonprofits

ALERT: There is an alternative to paying State Unemployment Taxes that saves nonprofits thousands! Think of it as a $50,000 donor walking through your door. Unemployment insurance expert Ron Lucki from UC Assure explains.

Healthcare costs continue to push upward. This trend poses a significant financial challenge for employers in 2017 and in the years to come. Bill Resnick, Chairman and CEO, and Kristin Begley, Chief Revenue Officer of Pharmacy Benefits Manager EmpiRx Health, walk employers through the role of the PBM in the design of drug plans that manage spending while providing clinical care commensurate with patient need.

They discuss:

Inflationary factors impacting drug programs

The role of rebates, tradition pricing and pass-through pricing

New drugs entering the market place

Specialty drugs’ impact on escalating cost…and how to manage the trend